ROSENBERG: This Chart Represents The Strongest Case For A CapEx Comebackhttp://www.businessinsider.com/rosenberg-strongest-case-for-capex-2014-3/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Wed, 13 Dec 2017 22:48:42 -0500Sam Rohttp://www.businessinsider.com/c/532104396da8111140fc4e6aSDFWed, 12 Mar 2014 21:04:57 -0400http://www.businessinsider.com/c/532104396da8111140fc4e6a
There is massive disinflation involved in the "New CAPEX" driven by technology. Cloud, people working from home, no PC, etc. Security guards replaced by cameras and computers, Check out people replaced by self check outs. Customer service reps replaced by Siri, Computerized Voice, Nuance Communications, etc
All retailers want to switch to more online sales. That shift estimates retail jobs. Either way Amazon is there taking their business left and right
people sit at home addicted to their smartphone and ipad avoiding malls, etc. using Amazon
This new Capex replaces people. It replaces older more expensive stuff. etc
I used to run a credit dept. Had dozens of analysts making decision about approving credit limits. Now its all computer. Vast majority of people lost their jobs